If the oil prices go up idled oil wells will become profitible and they will begin pumping again. Requiring oil field workers and services. Great for all those people that lost jobs when oil prices dropped.What it really means Russia/Exxon will get to use the oil lease rights they bough from Russia in 2011 and the sanctions were slapped on after only 1 well built. All they need is more instability in the world to get the prices up and there it goes. Russia can take care of that.
Well duh. Rubio well realizes that voting the other way this time would have effectively meant the end of his political career.
So is Trump going to issue an Executive Order that prevent oil wells in the US from going back online when oil prices make them profitable again?
So is Trump going to issue an Executive Order that prevent oil wells in the US from going back online when oil prices make them profitable again?
What?
I never complained about oil prices during the Obama administration. The low oil prices resulted in oil well being idled and thousands lost their jobs. Many in the Houston area. I know people who were making $150k to $250k a year that are lucky if they make $80k a year now working the same hours as they did before. Oil prices are being kept in check now due to the level of oil supplies in the US, this oil is from wells that are viable and operated at the current price. If the price goes up $10 to $15 a barrel more idled oil wells will go into operation and will require hands to operate them and oil field service personnel for maintenance/repair.Seems the loyalists are ready with the new spin of why high __oil__ prices are awesome. (fill in the blank)
I never complained about oil prices during the Obama administration. The low oil prices resulted in oil well being idled and thousands lost their jobs. Many in the Houston area. I know people who were making $150k to $250k a year that are lucky if they make $80k a year now working the same hours as they did before. Oil prices are being kept in check now due to the level of oil supplies in the US, this oil is from wells that are viable and operated at the current price. If the price goes up $10 to $15 a barrel more idled oil wells will go into operation and will require hands to operate them and oil field service personnel for maintenance/repair.
Yeah we get it, your sort can't stand to see those without college degrees do well.Just listen to yourself rationalize why everyone, incl the 30k earners, should subsidize the 80k guys to 250k, just because they're your people. Conservative ideology at work.
Yeah we get it, your sort can't stand to see those without college degrees do well.
I'm not affected that much by oil price changes, only gas prices when I fill up my vehicle, when I'm at work I use a company truck and use a company credit card to pay for the gas. I work in the chemical field now which is quite strong. We have many new projects starting up this year.Some think those making 80k are doing well, those making 30k...not so much.
But, hey, don't stop playing the victim, it's been working for you so far.
I'm not affected that much by oil price changes, only gas prices when I fill up my vehicle, when I'm at work I use a company truck and use a company credit card to pay for the gas. I work in the chemical field now which is quite strong. We have many new projects starting up this year.
I'm not affected that much by oil price changes, only gas prices when I fill up my vehicle, when I'm at work I use a company truck and use a company credit card to pay for the gas. I work in the chemical field now which is quite strong. We have many new projects starting up this year.
Yeah we get it, your sort can't stand to see those without college degrees do well.
Oh that's right gas isn't made from oil.I'm not affected that much by oil price changes, only gas prices when I fill up my vehicle, when I'm at work I use a company truck and use a company credit card to pay for the gas. I work in the chemical field now which is quite strong. We have many new projects starting up this year.
Damn sanction starting to be lifted already.
https://forums.anandtech.com/threads/trump-treasury-relaxes-sanctions-on-kgb-fsb-personnel.2498474/